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This is not enough to stabilize Naira finally but it will bring a bit of succour and Naira can gain little strength against dollar. Nigeria's import bill is far beyond 1 billion dollars annually and will continue to rise as the population rises. Export maximization or promotion to supersede or be at par with import bills is the most strategic solution.
“NNPCL ends N24tn fuel import, buys from Dangote refinery - Punch Newspapers”

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21 NGA

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